Scenario Analysis and ICAAP for Operational Risk

Sessions will explore scenario analysis, assessment and ICAAP for operational risk through practical workshops and case studies.

About the course

The Covid crisis highlighted the importance and benefits of proper scenario analysis in an Operational Risk Management Framework. The upcoming standardised approach triggers increased attention of the regulators to Pillar 2, ICAAP assessment of operational risk, best executed through scenario assessments.  

Taught by worldwide expert in the field, Dr Ariane Chapelle, this course explains step-by-step and in simple terms, the most effective way to execute scenario analysis and ICAAP reports for operational risks in the financial services industry.  

Sessions will explore preparation, governance, and frameworks for scenarios and emerging risks identification as well as methods for quantifying rare events and structured scenario quantification. Through practical case study exercises and workshops, participants will have the opportunity to develop their knowledge on scenario identification, scenario assessment for operational risk, and ICAAP reports for financial services providers including trading platforms, Fintech banks, and asset managers.  

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What will you learn?
  • Understand the role of scenarios analysis in an ORM framework 

  • Identify the seven steps of scenario analysis, from preparation to validation 

  • How COVID-19 has influenced scenario identification and assessment  

  • Best practice and regulatory guidance for ICAAP for mid-size and large banks and for Fintech and new banks 

  • The role of Pillar 2 under the new regulatory regime 

  • Identify the links between scenario analysis and resilience 

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Who Should Attend?

Relevant departments may include but are not limited to:  

  • Heads of operational risk  

  • Enterprise risk managers 

  • Operational risk managers 

  • Internal auditors 

  • Chief risk officers  

  • Chief financial officers 

  • Finance officers  

  • Capital management team  

  • Consultants 

  • Regulators 

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Sessions Include
  • Scenarios analysis: step by step 
  • Scenario assessment and exercise
  • ICAAP for operational risk: a simple guide  
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Pricing Options

We offer flexible pricing options for this course:

  • Early bird rates - save up to $500

  • Group booking rate - save over $1500

  • Subscribe to receive Risk Training updates and avoid missing out on additional savings 

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Dr. Ariane Chapelle

Managing Partner

Chapelle | Risk Management Advisory

Dr. Ariane Chapelle, is Honorary Reader at University College London and is an internationally recognised trainer and consultant in Risk. She teaches at UCL 'Operational Risk Measurement for Financial Institutions’ and is a Fellow of the Institute of Operational Risk..

In 2019, the firm received the Risk.net Award for ‘Outstanding Achievement in the Year in Operational Risk’. She published at Wiley Finance Series the textbook Operational Risk Management: Best Practices in the Financial Services Industry, in December 2018 that rapidly became the No.1 best seller in its field and is now translated in French by Pearson France. In 2020, the book got elected “Book of the Year” by risk.net.

Dr. Chapelle founded and runs her advisory and training practice in risk management, serving all sizes of financial organisations and international institutions, including central banks and UN agencies. She is a former holder of the Chair of International Finance at the University of Brussels with backgrounds in internal audit, credit risk and investment risk. She has been active in operational risk management since 2000 and was formerly head of operational risk management at ING Group and Lloyds Banking Group.

Live Virtual training courses

 

Our live virtual training courses have been designed to engage and inspire you. Much more than a webinar, our approach includes:

  • Technical content compressed into 60-minute interactive sessions and spread out over two, three or four days

  • Facilitated collaboration including Q&A, interactive polling and group workshops

  • Live interaction with subject matter experts – get your questions answered in real time

  • Receive comprehensive course materials and supporting content from Risk.net to reinforce your learning

  • Stay connected with other learners and extend your network by joining our dedicated LinkedIn group for course participants